We are seeking an experienced
Calypso Business Analyst
to support critical trading and post‐trade platforms within a financial markets technology environment. This role involves hands‐on business analysis across Calypso modules covering the end‐to‐end trade lifecycle, including
Front Office trading
,
Middle Office risk, valuation, and collateral
, and
Back Office clearing, settlement, and confirmations
.
The role supports asset classes such as
Rates, FX, Derivatives, Repos, and Fixed Income products
, with a solid emphasis on
post‐trade processing, regulatory compliance, and operational stability
. The successful candidate will work closely with business stakeholders, architects, developers, and vendors to analyse and document functional requirements, validate system behaviour, and deliver resilient, scalable solutions aligned with regulatory and market infrastructure requirements. The role operates within Agile delivery frameworks and contributes to continuous improvement across development, enhancement, and BAU support initiatives.
Key Responsibilities
Roles & Responsibilities – Calypso Business Analyst
Act as a hands‐on Business Analyst across
Calypso Front Office, Middle Office, and Back Office modules
, supporting the end‐to‐end trade lifecycle
Elicit, analyse, and document
business, functional, and non‐functional requirements
for trading and post‐trade processes
Work closely with business users to understand
trade capture, risk, valuation, collateral management, clearing, settlement, and confirmations
workflows
Translate business requirements into
Calypso functional specifications
, configuration requirements, and system behaviour
Support asset classes including
Rates, FX, Fixed Income, Derivatives, and Repos
, ensuring correct lifecycle processing and controls




Analyse and support
post‐trade and regulatory processes
, including confirmations, settlements, margining, reconciliations, and reporting
Partner with architects and developers to ensure solutions align with
Calypso architecture, standard product capabilities, and best practices
Support
calypso configuration and customization
, including workflows, trade attributes, pricing components, and reference data
Perform
impact analysis
for change requests, regulatory updates, and product upgrades
Support
testing activities
, including functional testing, UAT support, test scenarios validation if needed, and defect triage
Ensure solutions meet
regulatory, risk, operational resilience, and audit requirements
Contribute to Agile delivery ceremonies and continuous improvement initiatives
Tools, Platforms & Skills Required
Primary Platform
Back Office (Confirmations, Settlement, Accounting integration)
Exposure to
Calypso Automated Testing Tool (CATT)
for understanding automated functional test scenarios, validating business workflows, and supporting UAT/test execution activities.
Business Analysis & Documentation Tools
Agile tracking tools (e.g.,
JIRA, Azure DevOps
)
Process modelling (e.g.,
Visio, workflow diagrams
)
Testing & Support
Test cases validation and UAT support
Technical & Integration Awareness
Understanding of
system integrations
, interfaces, and message flows
Familiarity with
market data feeds
, reference data, and downstream systems
Basic understanding of
SQL
for data analysis and validation (optional but preferred)
Ways of Working
Experience working in
Agile / Scrum delivery environments
Strong stakeholder management and communication skills
Ability to operate effectively in complex, regulated financial services environments
#J-*****-Ljbffr

📌 Business Analyst Calypso (Sydney)
🏢 Coforge
📍 Sydney